CHTC emerging strong global
leader in textile machinery
Since September 1, the former
Oerlikon Carding Division oper-
ates under a new ownership, and
the shares of the three companies
are held by Hi Tech Textile Holding
GmbH in Austria.
Dr. Stefan Schlichter, Managing
Director (CEO) of Autefa Solutions,
said: “We are now linked to the net-
work of the globally operating Chi-
na Hi Tech Corporation (CHTC),
one of the leading state-run tech-
nology companies in China with
its focus areas such
as textile machinery
(No.1 in China, No.2
worldwide), utility
vehicles, textiles and
trading. CHTC has a
remarkable access to
the Asian, especially
the Chinese market,
as well as a strong
infrastructure and
excellent fnancial
power.”
CHTC is commit-
ted to continuing the
existing activities and
employment in Eu-
rope and will make
more investments into
European locations to
enrich the R&D abil-
ity and to reduce costs by optimiz-
ing resource allocation worldwide.
The new group will be an independ-
ent business division and will con-
tinue its dedication to the traditional
markets as a base for high technol-
ogy products. In addition, it ensures
serving the existing and future cus-
tomers in the same manner, with
quality products still being made in
Europe, he added.
Mr. Maoxin Ye, Vice President,
CHTC, observed: “We are manufac-
Autefa take-over follows that of Fong’s
China Hi-Tech Group will
take over Autefa Solu-
tions Germany, Autefa
Austria and Autefa Italy
to strengthen the non-
woven business of the
group, in addition to the
non-woven equipment
that the group already
has, such as spunbond,
melt-blowing, needle
punching and spunlace
as the core for future
non-woven business.
Mr. Zhang Jie,
Chairman, CHTC
ITMA 2011
[exclusive feature]
By Ganesh Kalidas
98
|
The Textile Magazine
OctoBER 2011